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doc, they draw the live. you get taxes through and go to 2850 on the s&p. okay. you don t, you get an air pocket pretty quickly of 5% to the downside that sound all right with you? i think that when we hit the new year, when we ring in the new year, if we don t have a tax plan passed, judge, we will see an air pocket. don t know if it s 3%, 5%. i doubt if it s much more than that, but that s, like i say, a little over a month from now what i m looking at if it doesn t pass, so not this week, but i think they will do it into the new year if that doesn t pass. jim lebenthal, this goldman prediction about where things go they see the market continue to go up over the next couple of years, not nearly as much as they do in 18 they are lacking for a nice double-digit gain. things slow and multiples plateau and there s the price targets and well-known by many viewers on this network of where they think this stock will go. david is a very, very smart strategist i wor ....
johnson & johnson, well fargo and many more. google going on a cost-cutting mission. how will this company known for growth cut back? shares of google right now, shall we? maybe no. maybe so. they are up $16 at 5.63 a 3% rise on that news. but we do start with the iranian deal. it may take weeks or months for the money to start flowing but the speculation has begun about who will get into the islamic republic first. our coverage begins now with morgan brenner. what have you found, guys? you snuck up on me there. a sneak attack. so it s not a done deal yet, still months and several hurdles away from sanctions being lifted, but there are a wide array of companies that could benefit long term so let s start with oil majors exxon mobile bp and royal dutch she will have all been taking steps to explore the possibility of doing business. all of the stocks are higher today. now, if they start investing that could also boost oil field services companies so schlumberge ....
josh, the store opening with a big product launch, not what it used to be, right there were the days when apple didn t do preorders. if you wanted to be the first with the product, you had to wait online. this time it s very well choreographed. i m guessing there are more apple employees there maybe than there are people in line am i right no, absolutely, john. when i got here this morning, the lines not as strong as usual, although i ll tell you, it has picked up now but i did talk to some people earlier who had been waiting in line and were expecting more people, but listen, we talked about that this morning, in some sense that might reflect consumers shopping habits have changed, people are more comfortable ordering phones on line and this is a different rollout. this is a staggered rollout this year with the iphone 10 coming later. that might also be having some impact analysts, though, so far are not going to look at those lines as some kind of honest proxy fo ....
somehow we didn t get with some tit title wave of selling including me i thought it would be bad the sure of congress or trump s tweets, that often seem out of step with folks like washington, jefferson, lincoln today three of our more presidential presidents. here we are after one more whole hum day after we hit multi entry level highs. nasdaq tacking on, it s worth noting we did make it out of here unscaved. why? why was i so concerned because historically september s the worst year for the market. since 1928 the s&p had climbed to 1.14% since september this year up 1.1%. september s different, it s a month i feared every since i got in the business, that s because of the not because of the big picture in history but from my personal history when you run a hedge fund like i do, discipline says you should sell everything, lock in your performance, lock in the term and only day trade for the rest of the year. i did it many times in my hedge fund that always breeds a ....
really should be getting a lot of focus i know we re talking a lot about small caps and all the talk about the f.a.n.g.s building, visa, apple, mcdonald s all great years and now the transports have joined along as well. the transports were just waiting there, waiting to move higher they were down 25%, 30 boss so as the market looked like it was fine, everything was great they were getting pummeled so over the last week they started moving up. delta yesterday came out and said, you know what. the hurricane is not that big of an issue they still gave better guidance so i think, you know, as pete has been saying and trying to get me to put more money into the market. you should. i ve been doing it on dips it i like to buy on dips rather than highs but nothing wrong with that, pete. not when the highs go higher. when you get a new record every day. the highs keep going higher so then what do you do in the highs keep going higher. you always look for opportuni ....